Senate Has 3 Weeks to Pass the CLARITY Act: Most Important Month in Ripple XRP History?

Ripple XRP is trading at $1.34 on April 7 – up 2.2% on ceasefire-driven risk-on flows, but the price level that matters most in April won’t be set by macro sentiment: it will be set by the Senate Banking Committee.

The CLARITY Act, which would codify XRP’s classification as a digital commodity under CFTC jurisdiction and strip the SEC of primary oversight authority, is targeting a committee markup in the second half of April.

Senator Bernie Moreno has stated publicly that if the bill doesn’t reach the full Senate floor by May, midterm election dynamics push it off the calendar for the rest of 2026. That makes the next three weeks the most consequential legislative window XRP has faced this year.
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